Alternet Sys Stock Price, News & Analysis

Alternet Systems, Inc. (USOTC: ALYI) is addressing key challenges in the electric vehicle (EV) sector, particularly battery costs and driving range. Recent advancements may lead to widespread EV adoption, with ALYI focusing on electric motorcycles. The company anticipates significant contributions to battery innovation, potentially generating a new revenue stream alongside an estimated $300 million in projected revenues. ALYI's efforts aim to foster sustainable transportation in Sub-Saharan Africa, with plans for an initial cryptocurrency offering (ICO) to enhance ecosystem participation.

American Electric Power (AEP) has been recognized in the Forbes JUST 100 2021 list, achieving the top position among utility companies. The list evaluates corporate citizenry, focusing on worker treatment, community support, and sustainability efforts. AEP excelled particularly in the 'Workers' category, showcasing its commitment to its employees, especially during the COVID-19 pandemic through initiatives like wage increases and paid sick leave. AEP operates the largest electricity transmission system in the U.S., serving nearly 5.5 million customers across 11 states.

Alternet Systems (ALYI) announced significant progress in electric vehicle battery innovation, potentially generating a new revenue stream alongside its projected $300 million in electric vehicle revenue. This advancement, driven by an award-winning design team, will be highlighted in a presentation on September 11, 2020. The company aims to enhance the Sub-Saharan electric mobility market and plans to launch an initial cryptocurrency offering (ICO) for the RevoltTOKEN, integrating stakeholders into its ecosystem. ALYI's vision focuses on sustainable transportation and community involvement.

Alternet Systems, Inc. (USOTC: ALYI) is set to unveil its innovative electric vehicle design program centered around the Rideshare Electric Motorcycle on September 11, 2020. This initiative aims to enhance the Sub-Saharan motorcycle taxi market while promoting environmental sustainability. The company's industrial design team will showcase their advancements and the lessons learned from the ReVolt Electric Motorcycle. Furthermore, ALYI plans to launch a cryptocurrency, RevoltTOKEN, to involve stakeholders in their electric mobility ecosystem, enhancing local economic benefits.

Alternet Systems (ALYI) announced a funding partnership with RevoltTOKEN, securing a $25 million initial investment at $0.05 per share. The company has commenced a $2.5 million drawdown for a 100-acre facility in Africa, as part of a broader $100 million investment plan linked to a cryptocurrency offering (ICO). RevoltTOKEN aims to support electric mobility solutions in Sub-Saharan Africa through an upcoming ICO, leveraging Bermuda's favorable cryptocurrency regulations. This initiative highlights ALYI's commitment to sustainable transportation and economic development in under-resourced regions.

Alternet Systems (ALYI) is optimistic about securing $100 million in funding from its partner RevoltTOKEN through an upcoming ICO, aiming to exceed its $300 million African electric mobility sales goals. Unlike the trend of IPOs and SPACs among EV companies, ALYI is focusing on the growing ICO market. The company has initiated a $2.5 million drawdown from a $25 million investment commitment to start a facility in Africa, showcasing a commitment to technology solutions for developing regions. An update on funding progress is expected tomorrow.

Alternet Systems (ALYI) announced plans for a $100 million funding transaction with RevoltTOKEN, which has secured the final component needed to proceed. A presentation on September 2 will detail this funding, along with progress on RevoltTOKEN's initial cryptocurrency offering (ICO). ALYI has initiated a $2.5 million draw down from a $25 million first tranche to build a 100-acre facility in Africa. Additionally, the company expects a new order for its ReVolt Electric Motorcycle, potentially increasing its revenue opportunities to $500 million.

Alternet Systems (ALYI) announced an anticipated new fleet order for its ReVolt Electric Motorcycle, potentially doubling its current production outlook. The company has already secured an initial $20 million order and a $30 million letter of intent, amounting to a $300 million revenue opportunity over six years. The upcoming order could elevate total revenue potential to $500 million. ALYI plans to enter production later this year, showcasing the ReVolt as a state-of-the-art, connected electric motorcycle, preserving the iconic design of the BMW R71.

Alternet Systems (ALYI) has announced a $240,000 recurring consulting agreement as part of their operational strategy. The company secured a $25 million investment commitment for its electric vehicle initiative, part of a broader $100 million cryptocurrency strategy with RevoltTOKEN. ALYI has initial agreements that could yield $300 million in revenue and is set to begin production of its ReVolt Electric Motorcycle aimed at Africa's burgeoning rideshare market, estimated between $9 billion and $80 billion. The Q2 report indicates stability without immediate funding needs for operations.